Gamestop Rallied Crazy Again

Hello People, So today we will talk about an amazing story and as you have read the title “Gamestop…….” So, for those who do not know much about Gamestop! Gamestop is an American company that sells video games, consoles and different other electronics.. Yes! right, so what’s wrong now? Probably some days back, you must have heard of Gamestop stock went fire ! If not then let me couch in some important details to your notice. Reddit (a social media site) and in particular wallstreetbets a forum in Reddit maybe you call it subreddit. These people were involved in something called shorting……..phew technical? Let's decode it with an example Suppose you borrowed some chocolates from an XYZ colleague worth $100 because you had an idea it will go down in future, mind you! you have not consumed it !!!! And you sold it to your neighbour and now what happens the chocolate price tanked to $70 that means you can easily mint a profit of 30$ and since you sold it for $100 and...